LMFX
Company Profile of LMFX
LMFX, a brokerage firm established in 2015, is under the ownership of Global Trade Partners Ltd. The company, as per the client agreement, is officially registered as a Macedonian entity.
Trading Platform and Available Instruments
For the convenience of traders, LMFX offers the MetaTrader 4 terminal and its various versions. Traders have access to a wide range of instruments including currencies, CFDs on indices, stocks, commodities, precious metals, and oil.
Trading Terms and Conditions
LMFX presents three types of trading accounts: zero, fixed, and premium. The zero account boasts spreads starting from zero pips, the fixed account offers trade control features, and the premium account includes additional advantages.
Trading Platforms
Operating with the MetaTrader 4 terminal, LMFX allows traders to execute trades across different devices. The platform supports both public trading and copy trading strategies.
Deposits and Withdrawals
LMFX facilitates a diverse range of payment systems for account management purposes. Clients can make deposits and withdrawals using WireTransfer, Visa, MasterCard, Skrill, and other well-known systems.
Registration Process and Personal Account Management
Registration is mandatory to commence trading. Clients need to provide essential personal details and select their preferred currency for fund transfers.
Loyalty Program
LMFX offers various bonuses and rewards to its clients, including the “Phoenix Recovery” and “Deposit Match” bonuses.
Final Thoughts
It is important to note that LMFX operates without a license, classifying it as a high-risk brokerage platform. Despite this, many traders engage in successful trading activities on the platform, fully aware of the associated financial risks.
This review has been prepared by the specialists at ExpertsReview.